Cost of Living: Gaithersburg, MD vs Silver Spring, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Gaithersburg, MD versus $4,224/mo in Silver Spring, MD. In the model, rent is about 29.26% of gross in Gaithersburg, MD versus 27.67% in Silver Spring, MD, so Silver Spring, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Gaithersburg, MD and Silver Spring, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Silver Spring, MD
- Lower rent (median 1BR/2BR): Silver Spring, MD
- Lower home prices: Gaithersburg, MD
- Higher median household income: Gaithersburg, MD
Cost of Living Index
Gaithersburg, MD: 100 (U.S. = 100) · Silver Spring, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Gaithersburg, MD: $1,908/mo (midpoint of 1BR/2BR) · Silver Spring, MD: $1,804/mo
Median rent in Gaithersburg, MD is $104/mo higher than in Silver Spring, MD.
Median Home Price
Gaithersburg, MD: $484,500 · Silver Spring, MD: $619,400
Median home price in Silver Spring, MD is $134,900 higher than in Gaithersburg, MD.
Median Household Income
Gaithersburg, MD: $107,496 · Silver Spring, MD: $98,880
Gaithersburg, MD has a higher median household income than Silver Spring, MD by $8,616.
Gaithersburg, MD overview · Silver Spring, MD overview · Popular comparisons